For Singaporeans, buying branded products in Europe is always less expensive than buying in Singapore. This is mainly because of the VAT refund and the boutiques' origin in Europe. You have to pay GST here but not in Europe..
We have about 12.9% refund.. and save a lot more money for us to do more shopping..
Here are the steps:
- Remember to bring along your passport when you shop. Tell the retail assistant that you want to have VAT refund. He or she would ask if you want the refund to be credit to your credit card or refund in cash.
- The retail assistant will produce a tax refund invoice and an original receipt. Remember, do not lose it.
- When you are leaving EU, remember to get your tax refund invoice stamped by the custom before checking in your luggage, so it would be best to come early to the airport.
- After checking in your luggage and pass by security check, remember to get your tax refund from the tax refund office in the departure hall.
Hope these information are useful to you!
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